secwatch.observer — SEC 8-K summary
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Issuer:     FEDEX CORP (FDX)
CIK:        0001048911
Form:       8-K
Filed at:   2025-10-02T23:59:59+00:00
Accession:  0001193125-25-228346
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 5.07, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FedEx approves FY26 AIC Plan, PSU grants, and stock plan amendment; say-on-pay passes with 63% support
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- FY26 AIC Plan metrics: adjusted op income (50%), structural cost cuts (25%), on-time service (25%); CEO target 200% of base salary.
- One-time PSUs tied to fiscal 2028 adj. operating margin improvement over 2025; CEO target value $2,787,500; others $825,000.
- Stockholders approved 2.1M additional shares for 2019 Stock Incentive Plan (2M full-value awards) with 93.1% support.
- Outside director retainer unchanged at $140k; Lead Independent Director fee increased $20k to $50k; RSU grant $195k vesting one year.
- Say-on-pay advisory vote passed 63.3% in favor; independent chairman proposal rejected 57.3%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1048911/000119312525228346/0001193125-25-228346-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1048911/000119312525228346/d64398d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-228346

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer